Geithner Says Banks Need More Aid

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Treasury Secretary Tim Geithner said that some banks will need additional government assistance sending shares of Bank of America (NYSE: BAC) plummeting $1.31 to close at $6.03, Citigroup (NYSE: C) tumbling 31 cents to close at $2.31 and Wells Fargo (NYSE: WFC) falling $2.22 to close at $13.37.

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